Moso Power has invested HK$9 million to increase capital in Hong Kong
The 6th Extraordinary Meeting of the 2nd Board of Directors of Maoshuo Power Supply Co., Ltd. reviewed and approved the “Proposal on Capital Increase of Capitalized Funds to Hong Kong Maoshuoâ€, and agreed to the company's own funds to Maoshuo Energy Technology (Hong Kong). International Co., Ltd. (hereinafter referred to as "Hong Kong Maoshuo") increased its capital by HK$9 million. After the capital increase, Hong Kong Maoshuo's registered capital is HK$10 million. The company holds 100% of its equity.
This capital increase aims to better adapt to market development, effectively improve Hong Kong's Mao's financial structure, address its development funding needs, promote its better and faster development, and provide supporting guarantee for the company's long-term stable development. This capital increase does not change the company's shareholding in Hong Kong's Maoshuo, and will not have a significant impact on the company's future financial status and operating results.
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